SFOR.L

S4 Capital
S4 Capital PLC - Issue of Shares
15th November 2024, 07:00
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RNS Number : 3348M
S4 Capital PLC
15 November 2024
 

15 November 2024

S4 Capital plc

("S4Capital" or the "Company")

Issue of Shares

On 29 July 2020, S4 Capital plc (SFOR.L) announced a merger with Orca Pacific, a market leading full-service Amazon agency and boutique consultancy firm based out of Seattle (the "Transaction"). Pursuant to the terms of the Transaction, the Company has agreed to issue 13,674 ordinary shares of 25 pence each in the capital of the Company, credited as fully paid, as deferred consideration to the sellers (the "Shares").

Applications have been made to the FCA and to the London Stock Exchange for the Shares to be admitted to the equity shares (transition) category of the Official List of the FCA and to trading on the London Stock Exchange's Main Market for listed securities respectively ("Admission"). It is expected that Admission will become effective at 8.00 a.m. on 18 November 2024.

Enquiries:

 

S4Capital

Tel: +44 (0)20 3793 0003

Sir Martin Sorrell (Executive Chairman)


Sodali & Co (PR Adviser to S4Capital)

Tel: +44 (0) 7970 246 725

Elly Williamson


Pete Lambie  


 

About S4Capital

 

Our strategy is to build a purely digital advertising and marketing services business for global, multinational, regional, and local clients, and millennial-driven influencer brands. This will be achieved by integrating leading businesses in two synchronised practices: Marketing services and Technology services, along with an emphasis on 'faster, better, cheaper, more' execution in an always-on consumer-led environment, with a unitary structure.

 

The Company now has approximately 7,500 people in 33 countries with approximately 80% of net revenue across the Americas, 15% across Europe, the Middle East and Africa and 5% across Asia-Pacific. The longer-term objective is a geographic split of 60%:20%:20%. At the Group's last full year results, Content accounted for approximately 60% of net revenue, Data&Digital Media 25% and Technology Services 15%. The long-term objective for the practices is a split of 50%:25%:25%.

 

Sir Martin was CEO of WPP for 33 years, building it from a £1 million 'shell' company in 1985 into the world's largest advertising and marketing services company, with a market capitalisation of over £16 billion on the day he left. Prior to that Sir Martin was Group Financial Director of Saatchi & Saatchi Company Plc for nine years.

 

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